Cash and cash equivalents |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subclassifications of assets, liabilities and equities [abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash and cash equivalents | Note 9. Cash and cash equivalents Accounting policy Cash equivalents are held for the purpose of meeting short-term cash commitments rather than for investment or other reasons. They are readily convertible into known amounts and are subject to an insignificant risk of value changes. Cash and cash equivalents consist of short-term highly liquid investments available immediately, and short-term deposits. Cash equivalents are measured at amortized cost. Detail of cash and cash equivalents Cash and cash equivalent break down as follows:
As of December 31, 2025, net cash and cash equivalents increased by €3.0 million as compared with December 31, 2024. The short-term bank deposits correspond exclusively to term deposit transactions that are readily available and considered liquid.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||